In his book "The Crisis of Democratic Capitalism," Martin Wolf explores how the shortcomings of the economic system in the late 20th century have impacted governance and vice versa.

In his new book "The Crisis of Democratic Capitalism," Martin Wolf explores how the shortcomings of the late 20th-century economic system have impacted governance and vice versa.

The article discusses the concept of a "new inflation" with Mohamed El-Erian, exploring the potential factors contributing to rising inflation and its implications for economies worldwide.